Fairfax Financial Holdings Limited
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Fairfax Financial Holdings Limited generated cash of -$39,400,000, which is more than the previous year. Cash used in financing activities reached the amount of -$1,067,100,000 last year. Net change in cash is therefore -$998,200,000.
Cash Flow
| 2014 | -70.2M | -395.1M | -83.5M |
|---|---|---|---|
| 2015 | 144.7M | -1.47B | 1.67B |
| 2016 | 1.25B | -1.67B | 1.54B |
| 2017 | 2.70B | -894.1M | 1.76B |
| 2018 | -1.92B | -628.6M | -676.1M |
| 2019 | 1.35B | -1.20B | -837.4M |
| 2020 | 139.8M | -46.8M | 436.9M |
| 2021 | 6.64B | 1.83B | -1.18B |
| 2022 | -4.41B | 384.8M | -1.29B |
| 2023 | -39.4M | 92M | -1.06B |
FFH.TO Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 6.11B | 11.68B | 4.46B | 3.86B | 4.53B | 7.93B | 4.21B | 3.12B | 3.01B | 3.75B |
Operating activities | ||||||||||
Net income | 5.09B | 1.28B | 3.66B | 37.4M | 1.97B | 817.9M | 1.61B | -394.7M | 642M | 1.66B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 896M | 683.6M | 930.4M | 752.1M | 611.5M | 349.5M | 280.5M | 191.7M | 133.3M | 94.2M |
Stock-based compensation expense | 147M | 146.1M | 104.1M | 84.3M | 80.1M | 66.1M | 51.8M | 40.6M | 34.8M | 36.8M |
| Deferred income tax benefit | 147M | 146.1M | 104.1M | 84.3M | 80.1M | 66.1M | 51.8M | 40.6M | 34.8M | 36.8M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -282.4M | -2.39B | -2.73B | -1.39B | -1.47B | -1.51B | -1.59B | -331.2M | 499.9M | 882.4M |
Inventories | 3.54B | 0 | 5.10B | 3.04B | 2.10B | 1.60B | 2.00B | -175.2M | -557.4M | -826.2M |
Accounts payable | 239.7M | 964M | 1.37B | 396.5M | 620.3M | 478.1M | 356M | 198.5M | 119.3M | 28.3M |
Cash generated by operating activities | -39.4M | -4.41B | 6.64B | 139.8M | 1.35B | -1.92B | 2.70B | 1.25B | 144.7M | -70.2M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -514.1M | -418.9M | -353.9M | -273.3M | -319.6M | -236.5M | -415.2M | -208.3M | -201.3M | -67.1M |
Acquisitions Net | 552.8M | 719M | 2.16B | 234.3M | -700M | -250.4M | -478.9M | -1.46B | -1.26B | -328M |
Cash generated by investing activities | 92M | 384.8M | 1.83B | -46.8M | -1.20B | -628.6M | -894.1M | -1.67B | -1.47B | -395.1M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 1.74B | 1.50B | 0 | 2.19B | 0 | 523.5M | 754.9M | 400M |
Payments for dividends | -294.9M | -295.1M | -316.6M | -319.7M | -323.8M | -328.3M | -282M | -271.8M | -265.4M | -272.6M |
Repurchases of common stock | -363.2M | -347.8M | -1.19B | -238.8M | -222.4M | -306.7M | -236.7M | -78.3M | -100.3M | -25.8M |
Repayments of term debt | 42.4M | 826.5M | -2.80B | -309.3M | 13.2M | -1.94B | 318.9M | -44.3M | 130.1M | -175.6M |
Cash used in financing activities | -1.06B | -1.29B | -1.18B | 436.9M | -837.4M | -676.1M | 1.76B | 1.54B | 1.67B | -83.5M |
Net Change In Cash | -998.2M | -5.56B | 7.21B | 603.8M | -673.6M | -3.39B | 3.71B | 1.09B | 106.9M | -739.5M |
Cash at end of period | 5.12B | 6.11B | 11.68B | 4.46B | 3.86B | 4.53B | 7.93B | 4.21B | 3.12B | 3.01B |
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